Strategic Drift (Business A2)
Authored by Michael Yates
Business
11th - 12th Grade
Used 24+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Fill in the blank. Strategic Drift occurs when the strategy of the business no longer matches the ___________ in which it operates
Environment
Five Forces
Stakeholders
Population
2.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Select all the answers below for the reasons for Strategic Drift.
Failure to identify changes that occurring
Failure to react quickly enough
Management deny there is a problem
Complacency has set in
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which of the four phases of the Strategic Drift graph are missing: Incremental Change; Strategic Drift; Transformational Change or Demise
Flux
Expansion
Recession
Recovery
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What phase of the Strategic Drift graph is characterised by management indecision and a significant gap between what the market expects and what a business is delivering?
Incremental Change
Strategic Drift
Flux
Transformational Change or Demise
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What phase of the Strategic Drift graph is where there is little significant change between the external environment and the business?
Incremental Change
Strategic Drift
Flux
Transformational Change or Demise
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What phase of the Strategic Drift graph is where things are starting to drift, the rate of change in the external environment is accelerating, and incremental changes are not enough?
Incremental Changes
Strategic Drift
Flux
Transformational Change or Demise
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What phase of the Strategic Drift graph is where the business radically changes or the business fails?
Incremental Change
Strategic Drift
Flux
Transformational Change or Demise
Recession
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